We are a division of 401kAdministrators.com, an independent Third Party Administrator for 401k plans.
We are the 401k plan provider and plan fiduciary and provide personalized service and convenient, online, secure and encrypted 401k management reporting software.
Our mailing address is:
Chamber401kPlans.com
2772 Roosevelt St #947
Carlsbad, California, 92008-1615
info@chamber401kplans.com
toll free: 888-No-Worries (669-6774)
toll free fax: 888-448-3668;
We do not charge for support
We setup and administer low cost high choice 401k plans for Chambers of commerce and their member employers of all sizes.
Our 401k plans offer self-directed brokerage accounts
at TD Ameritrade with thousands of investment choices, including:
- Stocks
- Bonds
- Mutual Funds
- Actively managed funds
- Index and passive funds
- Exchange Traded Funds (ETF's)
- Options (to Level 2), including buying puts and calls and selling covered calls and cash secured puts
We are not financial advisers and receive no income from the investments. Employees and their advisers may choose their own investments.
We provide IRS approved 401k plan documents and an online record keeping software as a service.
With our online 401k management reporting and record keeping system, we keep track of 401k transactions such as types of 401k contributions
(employee salary deferral, matching contributions, profit sharing, loan repayment etc..).
We also keep track of distribution transactions such as In-service distributions, Qualified rollovers, Early withdrawals, Loans and Hardship withdrawals.
We provide a secure online file cabinet, containing employee enrollment notices, forms and instructions, loan applications and loan promissory notes.
Testing and compliance for the plan is automated in real time, so you can see where your 401k plan is at 24/7.
We provide a wide variety of 401k reports at including:
- Administrative fees paid and owed
- Employee salary deferral contributions, (pre-tax and ROTH after-tax) employer matching, profit sharing and catch-up contributions
- Current and historical account balances
- Employee ages and dates of birth and dates of hire
- Employees hours worked, length of service and dates of eligibility
- Highly compensated employees and non-highly compensated employees
- Matching contribution reconciliation
- Key Employees and non-key employees
- Pension Benefit Statements, required by Federal Law, are automatically sent by email to your employees
- We prepare, distribute and file with the IRS Form 1099R for plan distributions
- We keep track of vested and unvested account balances
- We prepare and electronically file Form 5500, the annual return for a 401k plan
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